BayFirst Financial Corp. Income Statement

Income Statement Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 16.90M-3.50M-0.70M10.33M15.05M
Revenue 131.15M58.50M61.55M86.19M98.50M
Interest income
Interest income - Loans 43.09M43.26M36.49M63.19M78.83M
Interest Income - Debt Securities 2.49M2.47M3.43M3.16M3.92M
Interest Income - Deposits 0.64M0.57M2.07M5.33M3.98M
Interest Income - Total 43.73M43.83M38.57M68.52M82.81M
Interest expenses
Interest Expense - Deposits 7.49M4.88M7.84M30.80M42.87M
Interest Expense - Debt 2.79M2.42M0.72M1.29M1.91M
Interest Expenses 10.28M7.30M8.57M32.09M44.78M
Interest Income - Net 33.45M36.53M30.00M36.43M38.03M
Non-interest income
Interest Income - Total 16.55M40.03M30.70M25.99M23.30M
Financial Services Fees 92.68M1.86M2.04M2.83M3.10M
Investment Banking Income 88.34M18.02M21.72M24.55M28.25M
Mortgage Banking 8.70M9.86M4.16M
Other Non-Interest Income 6.87M2.70M2.66M3.34M2.05M
Non-Interest Income 97.69M21.97M31.55M49.76M60.47M
Operating Items
Research & Development 4.42M5.29M4.83M5.61M6.75M
Wages, Salaries and Other 36.40M24.88M27.42M30.97M31.06M
Rent Expense 4.45M3.21M4.00M4.76M4.85M
Other Operating Expenses 89.60M41.78M46.39M57.34M55.19M
Operating Expenses 98.47M50.28M55.21M67.71M66.78M
EBIT 26.06M19.02M15.60M40.12M61.77M
Non-operating items
Other Non Operating Income 6.05M0.18M4.76M15.72M9.84M
Net income details
EBT 15.78M11.72M7.04M8.03M16.99M
Tax Provisions 3.08M2.69M1.56M2.12M4.32M
Profit After Tax 12.70M24.62M5.48M5.92M12.67M
Income from Continuing Operations 12.70M9.03M5.48M5.92M12.67M
Consolidated Net Income 12.70M20.76M-7.76M-0.28M-0.09M
Income towards Parent Company 12.70M20.76M-7.76M-0.28M-0.09M
Preferred Dividend Payments 0.86M1.00M0.83M0.96M1.54M
Net Income towards Common Stockholders 11.84M23.61M-1.18M4.74M11.06M
Additional items
EPS (Basic) 3.456.211.161.212.69
EPS (Weighted Average and Diluted) 3.015.911.161.172.64
Shares Outstanding (Weighted Average) 3.97M4.04M4.11M4.13M
Tax Rate 19.49%22.96%22.17%26.38%25.40%